Why can GDP be measured using the income approach or the expenditures approach?

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 12:02 AM

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Why can GDP be measured using the income approach or the expenditures approach?

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Gross Domestic Product GDP can be measured using either the income approach or the expenditures approach because they provide different but equivalent ...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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